According to statements from the Russian Ministry of Energy, Bitcoin miners in the country generated around $3.5 billion last year, which has made authorities concerned about the high energy demand that this sector requires. Deputy Minister Yevgeny Grabchak suggested that power companies could disconnect miners during times of energy shortages.
However, it has also been mentioned that miners could have access to the network's excess capacity during times of lower demand, provided they limit their consumption. This situation has created uncertainty among cryptocurrency miners in Russia, who could be forced to move to regions with greater energy availability.
Ultimately, Russia faces a dilemma over how to handle the growth of cryptocurrency mining amid energy concerns. The industry will need to adapt to potential restrictions or seek automated solutions to manage its energy use more efficiently.
